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20121201
20121231
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CNBC 26
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Search Results 0 to 49 of about 72 (some duplicates have been removed)
MSNBC
Dec 6, 2012 11:00pm PST
. he is the leader, the ramrod of all those right wing challenges. he put up ron johnson to beat mitch mcconnell because he's too liberal. he's leaving, quitting his senate seat, giving it up, to run the heritage foundation. we have other stuff coming up, but let's start with that. >> first of all, he's going to make a lot more money. ed fuelner, who is leaving, makes $1 million a year. demint has a net worth of $40,000. secondly, the leadership has tried to rein him in. they've said, you can't go out and go after these conservative republicans with really conservative republicans in primaries because you're setting us up to lose senate seats. now that he's out of there, he can become a kind of cross between grover norquist and the jim demint he always was. he can drive these hard right ideas, but he can also sponsor hard right candidates in republican primaries. i think he thinks he's going to be more important at the heritage foundation than he is in the senate. >> let me ask you about that, john. it looks to me not just -- the money is always a draw for some people, i'm not sure it
CNBC
Dec 27, 2012 12:00pm EST
and sears. obviously an important year for ron johnson and jc penney. >> the model i'm looking at is the investment model. is any going to put money in these. best buy, i took a shot at that and that didn't work out. i don't think these names will attract significant investment capital. nothing warrants that. >> if one is, which one will it be? best buy, radio shack or penney? >> i think best buy. if you had to take a shot, it would be best buy. >> radio shack is in option at this point, right? whole option. you pretty much have a finite date on it, whenever they run out of money. >> given what's just happened with jc penney, they're up 42% in the last month. and ackman pushed his case elsewhere for herbal life, made money on that side and this side of the trade just recently as this thing has flipped around. we talk about dying ground, they burned their bridges. >> the stock is down huge year-to-date. >> it's down but take that 42% pop i guarantee you shorts are not happy heading to 2013 given that. >> is jc penney shaping up to be the biggest surprise of 2013? >> as long as h
CNBC
Dec 10, 2012 5:00pm EST
's strategy. loyal customers and wall street alike wondering. ron johnson's initial approach was to lift sales to every day low prices and not through special promotions. but in december alone, the company has rolled out two special deals offering big discounts. the question now, is ron johnson's new strategy too little too late? let's welcome jpmorgan's senior retail analyst. matthew, great to see you. >> thank you. >> is this a switch in strategy or is this just desperation to get rid of inventory that's built up? >> i think it's a little bit of both, so, you know, i think that the moves that we've seen, you know, five pricing changes over the last 60 days, i think is more a result of sales trends that are clearly below as well as building inventory. but i think there's flexibility on johnson's part, heading into next year. i think the customers clearly voted that without sales, jcpenney is not their top destination. and so i think as you head into next year, jcpenney potentially is considering more of a hybrid model of sales, maybe more on basics, but trying to keep full price in some of th
CNBC
Dec 18, 2012 3:00pm EST
.c. penney side, i do think j.c. penney has an interesting turnaround story here. the stores of ron johnson have been able to revamp and institute his new model of a collection of boutiques. those stores have seen the revenues double. only 10% of the stores have been revamped, but if they can continue to maintain cash flow long enough. >> i don't like what ron johnson is doing. since this guy's taken over this stock has done nothing but go down. it was about the product, not the concept. anyone could have sold ipads and ipad minis and iphones over the year, the complete opposite and failure at jv penny the want to avoid those shares. >> rich, of course, the stock has done poorly, but it's done much better since the ipo of groupon of the you've been much better served actually being in j.c. penney than being in groupon. i would also say this. i think there is a cushion you have in j.c. penney than not groupon and that's the real estate. arguably the real estate of jc penny is worth more than the market cap of the company. with the underlying protection i think you have a bit of a free call o
CNBC
Dec 20, 2012 1:00pm EST
you have confidence in ron johnson? >> enormous company. >> what about the strategy that seems to have turned a little bit during the holiday season, moving more towards discounts than previously articulate et. >> sure. i have confidence in ron johnson, because he is a ceo. when the facts don't work out the way he thought, he does something else. they had thanksgiving day sale, promotions during christmas. i suspect if we get good results from that, you will see more of that. >> could see more of that. >> yes. >> bill ackman, thank you for joining us. back to you guys. >> andrew, thank you very much. to kate kelly now because herbalife is responding and kate has late-breaking details on that. kate? >> thank you, sue. just to reiterate, response to ackman from herb al life. saying mr. ackman has previously said to beware of companies. we asked to be part of the call today, he refused. his miss statements are mistakes are too numerous to address immediately. once again, michael johnson, their ceo yesterday, called claims being called bogus, add matly denied they are a pyramid scheme. sou
FOX Business
Dec 24, 2012 10:00am EST
into john kerry opiniony, you know that we spoke about ron johnson and came up from apple and his whole theory, was no promotion and great prices all the time and that really was working. the and so, they're back to the promotions this holiday season and it's working. traffic is pretty busy there. >> it's working very well, at least today for the stock. thank you, nicole. well, president obama has always promised not to raise taxes on the middle class, but if he can't reach a deal with republicans in the next seven days, that's exactly what will happen and adam shapiro, i've got to tell you, looking at the numbers, if the president gets every penny from the so-called rich that he wants to get, that would still only be 1/8 of the money that he needs to balance the budget. >> in very simple terms, it's roughly 70 billion dollars is what it would raise, in a budget-- >> if the rates go up and another 20 billion, if you get rid of deductions, but he's increased spending 800 billion dollars a year. >> and to say that 70 to 80 billion in a budget that's 900 billion to a tral over budget. so d
CNBC
Dec 31, 2012 6:00am EST
. then at 8:00 a.m. eastern, senator ron johnson and bob corker. president obama issued a warning on "meet the press." >> on midnight, december 31st, if congress doesn't act, then everybody's taxes go up. and for the average family, that could mean a loss of $2,000 in income. for the entire economy, that means consumers have a lot less money to make purchases, which means businesses are going to have a lot less customers, which means that they're less likely to hire and the whole economy could slow down at a time when the economy is starting to pick up. >> but after it was all said and done, leaders on the senate floor couldn't get anything done, at least not yet. >> there's no single issue that remains an impossible sticking point. the sticking point appears to be a willingness and interest or frankly the courage to close the deal. i want everyone to know, i'm willing to get this done, but i need a dance partner. >> this morning, we've been trying to come up with some counteroffice to my friend's proposal. we haven't been able to do that. i've had a number of conversations with the presid
CNBC
Dec 17, 2012 7:00pm EST
this with wisconsin republican senator and budget committee member ron johnson. senator johnson, i just want to read off a couple to you. i just love this. $60 billion bill. $8 million for cars and furniture for the fbi. $150 million for salmon fishing, $57 million to clean up tsunami debris from 2011, $336 million for the amtrak program that's never been done. what is going on here? the people in new york who are still suffering need direct assistance. none of this is direct assistance. >> hello, larry. of course what's going on is business as usual here in washington. listen, i think there's bipartisan support to realize that this is emergency. we want to get money flowing to the people that need it. but let's get some information. let's not create a christmas tree here and load it up with all kinds of different ornaments. let's take a look at what the true need is, short term and then longer term. and let's do this in a measured fashion. so from my standpoint, i think it makes an awful lot of sense. we've got nine months left till fiscal year 2013. that's kind of the line of demarcation. we shoul
FOX News
Dec 30, 2012 9:00am PST
. thanks. joining us for a closer look at the fiscal cliff negotiations, ron johnson, a member of the appropriations and budget committees in the senate. thank you for taking a break from a busy time to visit with us. >> thank you. >> i want to get a response from the comments to the president. he said that g.o.p. can't take yes for an answer. is there an offer that would have been acceptable to the house or the senate g.o.p.? >> not that i am aware. people throw the numbers around, like there is a deal, $1 revenue for $3 spending cuts, i have never seen those deals. senator harry reid should have made sure the senate passed a budget, sometime in the past 3 years and that would be reconciled with the house and you would have a framework, you know, a budget resolution that the committee -- the appropriations committee, the house ways & means committee, senate finance committee, they would have the instructions to work on the difficult problems npublic. have a public debate. we are down now to the 59th minute of 11th hour here and have you a couple of elected officials and unelec
FOX Business
Dec 14, 2012 11:00am EST
a reality rally. the reality is ron johnson we all know came in. he was a rock star at avalanche he is going to turn this whole thing upside down and reinvent the department store. forget sales and promotions, that is not how you do it. he has never been in a j.cc penney and it is a lot harder than selling apple products. stock has had a huge roll up, it went and got hammered and has been coming back and the law firm there saying they got their act together, jpmorgan, they're bringing back this discount, they're bringing back promotions, they have a friend and family thing. this is what i like. i am a volume die. the volume has been phenomenal. i believe 95% of all news in the market somebody knew the day before it came out or the week before it came out despite the rules. something is going on. there's a 43% short position on the stock. if there is good news, there could be asia huge pop to the upside. unlike tim clark, ron johnson is considered a celebrity ceo and might get the benefit of the doubt. it is i ridge the idea but could be a huge short m bit. cheryl: his pain would be over. for
FOX Business
Dec 6, 2012 1:00pm EST
in knowledge, the stock rebounds. this is ron johnson, the guy who invented the genius bar. november 2012, this guy gives a sort of talks to the industry, everybody says i have a strategy, know what works, the stock tumbles, craters to $16 per share. bringing us to today. it is not confirmed, but maybe ron johnson is leaving the company. think about that for a moment of the stock is up on strong volume. just imaaine that. for the craziest reason of all going back a few years ago. melissa: what was the nauseous? >> missing the rally. lori: what is a good color tomorrow? sandracharles: what was the colf the year this year? melissa: tangerine? charles: of course. melissa: i am lucky. lori: i've never even heard that be described as a color. charles: tangerine. all right. lori: let's check the market with nicole watching wall street. nicole: watching green. looking at men's warehouse. a completely different picture. you see a down arrow decisively for men's warehouse. they came up with a number, but they have t had to cut their fur profit outlook. so with that we see the stock at a lower guid
CNBC
Dec 11, 2012 6:00am EST
back in 30 minutes we're going to sit down with wisconsin senator ron johnson and talk for the next hour, grover norquist, old buddy from college joins us. will his tax pledge hinder a deal on the fiscal cliff? he rises above? where is that rising above? >> that's true. there are some people who say you got to stick with your convictions, others -- >> stick around. let's bring joe and andrew back into this. guys you've been listening to the conversations this morning. your take away? are we closer, further away? you hearing things you like? >> further away. >> further away. i've decided, becky and jim, that probably the best way to do it, i'm in howard dean's camp, why wouldn't the president go over the cliff and then introduce legislation lowering the rates on 98%? and if the republicans don't vote for that he gets the tax cutting mantel and i don't see how they would vote against that? >> so cynical. >> but so true. >> why is that cynical? >> you know, because -- because i think it's crazy that that's the way things get done in washington, and we will explain that to the public. t
CNBC
Dec 11, 2012 9:00am EST
in november that criticized ron johnson and his performance. i think what happened there is ron johnson was fantastic at apple. but he worked at apple with steve jobs. ron johnson probably read a few too many of his press clippings. if you watch the investor day he did a few months back when he first came to jcpenney, people thought he was crazy when he went to target and went to apple. and then he talks about how he went to steve jobs' house, saying, steve, i'm leaving for jcpenney. and he said, are you crazy? and he's saying, target was great, i went to apple was great and now we're in the same position with jcpenney and i'm going to work the same magic there. no, you can run shotgun with steve jobs all day long. steve jobs was the retail architect. >> we should note, andrew mason isn't on the list either. rocco joining us. >> thank you, guys. >> earlier this hour, you heard democratic senator mark warner's take on the fiscal cliff. now republican senator john barraso is coming up. wooohooo....hahaahahaha! oh...there you go. wooohooo....hahaahahaha! i'm gonna stand up to her! no you'
CNBC
Dec 20, 2012 12:00pm EST
on our list is jcpenney. ceo ron johnson remains on the hot see the saet. can he turn the company around in 2013? welcome. it good to you have. are we overstating ourselves to call this one of the worst trades of the year? this certainly has ban disaster. >> it's been a disaster and it will continue to be a disaster. they've made every misstep can you imagine. >> you have no signs of light out of this company? nothing there you look at and say i can get behind this guy? >> the only signs of light you have is he's getting more realistic where he's out of promotions now. again, when you walk through the stores and we've had team go to the scores and you need traffic. though the combination of those two make it devastating. >> we can talk to the traders -- >> at this point i don't. you really need to see fundamental changes. >> and a store concept is not getting any traction sh. >> the store within the shore showed that the sales doublinged in the new jcpenney versus the old jcpenney. they show sales per square footer like $260. macy's who has store within a store but they have coach, great
Current
Dec 6, 2012 11:00pm PST
tea party senators like ron johnson, mike lee, marco rubio, pat toomey rand paul geoff flake, geoff fisher. perhaps his worst was backing todd aiken after todd aikenenths "legitimate rape," he donated to aiken's come pain but his attempts to remake the republican party in his conservative image has errands him actually the scorn of more moderate republicans. washington post columnist jennifer rubin wrote today, quote, "demint has been a destructive force, thread anything to primary colleagues, resisting all deals and offering very little in the way of attainable legislation." she's right. the legislation that he backed was pretty far out there. for example, he pushed a bill that would make it illegal to discuss abortion on the internet, to even discuss it. he wanted to make it illegal for gay people or unmarried women having premarital sex to be teachers at all. he led the opposition to obamacare. he said if he could stop the law from passing, it would quote break the president. he put a hold on the national women's history museum. governor nikki haley
FOX Business
Dec 11, 2012 3:00pm EST
%, and this is why because slowly, but surely, ron johnson have been moving and doing price events, and this is what they've deny doing over the holiday season. they are now trying to promote better pricing and promotions, and op co had an out performance, they liked it, and it's bringing foot traffic in, and, also, there's stores within the store, one of their ideas they've put into place. it's so far, so good. they have outperformed, and long term call on the company's turn around prospects, but they are keeping it, and the stock is up 7% for the month of december alone. back to you, liz. liz: a friend of mine said she was switching from tj maxx to jcpenney has the new store. >> really? liz: you never hear that, but maybe mr. johnson's ideas are starting to work. from bond to hollywood, imax hotter than ever with more shot in imax format and tweaked to fit the screen. imax the next big market and opening theaters quickly enough? rich, imax ceo joining us now on the phone in a fox business exclusive with the latest on imax's next big hits. rich, i just look at all of these ideas, and i see them com
FOX Business
Dec 12, 2012 8:00pm EST
by the president of the united states by year's end. winsconsin republican senator ron johnson to say so far, i guess, not so good, huh, senator? >> hi, neil, you have one side negotiating in good faith, putting proposals on the table to solve the problems, and the other side not negotiates in good faith, no proposals, the last two budgeted voted on three times, and it's 0-610. that's the problem. you don't have equal partners working in good faith with this. you have republicans working in good faith and the president who is not. neil: i know you're a republican, and that's your point of view, and i understand that, but it is fair to say that you're not without sin or your side's without sin. you have not specified how you are going to get the $800 billion in revenues so while it's on the table, revenues on the table and you are commended for that, it's not as if you're going to great detail. >> well, neil, first of all, neil, the house passed two budgets including proposals to actually save medicare, which is the largest problem in terms of driving down the debt and deficit, and that's the fi
FOX Business
Dec 13, 2012 3:00pm EST
, sales dwindle, less traffic, ron johnson figuring out a way to get this one to be a win ere. the stocks today here is up 7%. why is that? well, nina garcia, call it the nina garcia bongs. basically, nina garcia, a fashionista, involved with elm is a judge on "project runway" posted links from -- on her website to jcpenney, and the concept how they will have stores within the store so this is all their new way to get people to come in, and they are actually doing a few promotional items as well. they wanted to get out of that and phase out so it's a winner. 7% today. that's good. liz: just nearly cut losses in half, markets coming back it looks like, down 61 points after being down more than 90. this is moving on the rioters wire, and republican speaker of the house, john boehner meeting with president obama at the white house today. okay? at 3:30 eastern, not a lot of hours left and daylight here, but getting together according to a white house official. we'll see if the markets make a better comeback at the moment. well off lows, same with the s&p and nasdaq, a tough day for most of th
FOX Business
Dec 14, 2012 3:00pm EST
that ron johnson came on board and tried to do ways of apple and products at low prices, what we are trying to realize is like promotions and getting back and doing that. dave: do they think will go into the 400s? nicole: we ridge talking about analysts, bringing numbers down, but most of the people i've talked to think it is to the upside. liz: event allen has a different story. they're selling u.s. products to china but it took a hit today. they got a downgrade. markets spooked about this.
MSNBC
Dec 4, 2012 7:00am PST
senator ron johnson. let me play for you what he had to say. >> this president simply doesn't understand that and as a result he's going to punish success, put at risk the economic growth that we really need to create jobs, revenue that we need. >> this is sort of the talking point that we've been hearing all along. is there any indication around capitol hill that there is some softening on that? >> i don't even know what that means, putting -- basically, i believe that the argument is that only by decreasing taxes can you lead to growth. there is a lot of historical evidence that that is not necessarily the case. i think the issue for the gchop right now is whether the tax cuts expire for everyone or whether for only those with income over $250,000. >> let me bring in jim from the national journal. jim, we had a little technical problem there. let me ask you about what she said said. can anything be decided at all until a decision is made about who is going to have tax cuts expire if it's just going to be on the top, you know, 2% or if it's going to be on everybody and we're going to go
CNBC
Dec 27, 2012 9:00am EST
not with radioshack, some point out other. jc penney, you know so well, covered it on cnbc, ron johnson and great magical vision for this company. so far, it has failed. again, it is make or break for mr. johnson. >> even with some optimistic analysts there who see signs of success this that have nothing to do with the original plan. >> a chart in our story, carl that shows the dropoff of jc penney stock -- i'm sorry, jc penney sales. they have lost 30 to 40% of their entire sales. that is very hard to do. >> take a look at some of the japanese exporters, talking about that in the cop text of going short the end, going long japanese stocks. an area to watch. overnight, expecting out of japan cpi data, expected to further the case for bank of japan to embark on more stimulus, bad news equals good news for japan what traders are bracing for overnight i at least on the japan trade. in terms of retailers, sears holdings is up a percent in today's session, the other three are doing pretty poorly. pretty poorly in today's session. it does look like we are extending our three-day losing streak we saw ac
CNBC
Dec 10, 2012 12:00pm EST
out for its ceo ron johnson and his future. and of course, the stock, we'll be right back. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. americans are always ready to work hard for a better future. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ >>> it is time now for our top three trades on halftime. first up, goldman sachs downgrading the cme group to a sale from neutral. saying 2013 will be a rough stock for changes. >> it has been a tough couple years for these guys. everything from peregrine fina
CNBC
Dec 10, 2012 1:00pm EST
on friends and family discount over the weekend. has ron johnson finally come around? or too little too late john karner? >> i was a buyer into the story line. when i saw bill akman give his presentation on how jc penney would turn things around with no more coupons, i bought the idea. so the the fact that he is backing down now, made me questioned kwe his lehis leadership. >> i would like to see an about face from johnson. he said no coupons. if he is changing his strategy, i would like him to come out and apologies. it is like lipstick on a pig. in any e-mail this morning, they today farm this house to something bigger than my friends and family. >> he was brought into a no coupon strategy. get rid of them if it doesn't work. >> let's move on to "the new york times," regarding that bloomberg ear company might make a bid for the financial times. or digital property like linkedin. the mayor will move on the political stage in a couple of years. maybe wen't to run something really big. not that he's not now. >>ty, i can actually say this is not out of the realm of possibility. this is somethi
CNBC
Dec 14, 2012 6:00pm EST
the company around by ron johnson, the guy who created the apple store, and best buy because its founder seems hellbent on taking the company private. penney was on the ropes until recently when we learned from manny tirico, right here, the terrific ceo of pvh, phillips venue and izod, you know all those great brands, tommy, calvin klein, that penney's has started to order a ton of merchandise from pvh for its store within a store. in fact, his comments marked the bottom in the stock. as i pointed out at the time, i shopped jcpenney on tuesday and it was actually quite nice. i had lost this really good hat. if anyone knows my hat, please give it back to me. i went to buy it and they were all out of them. at $21 jcpenney can go higher even without additional news. best buy, i think the fundamentals here are on the decline. it feels terminal to me. so it seems a little ridiculous to own the stock. just as i think it's a little ridiculous that schultz, the founder, can get the financing to make the takeover that he so desperately seems to want to do. let me close by saying i totally understand th
CNBC
Dec 18, 2012 1:00pm EST
number one. ron johnson of jcpenney. this is a company that had a tremendous number of blunders right out of the gate with just overall optimistic sales and earnings guides. i have no idea why anyone in a turnaround company would have sales or earnings guides. last quarter 26% decline in comp store sales, really had people wondering if this could ever be turned around. the one defense i must mention. i must mention this to you, tyler. this is a company that's in a turnaround. when a company is in a turnaround, i think you must give the ceo a chance. in this case, he came out and he said from the start, it's going to take two or three years or a number of years. >> he's only been there 13 months. herb, i know you're a tough trader. he seems like such a nice man. >> he seems like a really nice man. he's engaging. nice and execution are two separate things. he is really trying to recreate a major retailer. no one has really done it quite like that. will he be able to do it? he could end up as a best ceo down the road. >> nothing would please you more. >> nothing would, i really respect great
CNBC
Dec 18, 2012 4:00pm EST
with j.c. penney's ron johnson. his sin, way too optimistic in offering up guidance on what supposedly is a turnaround. the result of a promising and underdelivering. the reason he's not winner of this list is because you have to give him a chance to see if he can actually pull penney out of the hole. next is really a tough one, one i really anguished over and thought this guy might be number one and that is steve ballmer of microsoft. after years of missteps and playing follow the leader and the windows part of business, which is really only 25% of revenue, windows 8 was the trigger. it just simply hasn't knocked the cover off the ball, and that's after years, as i say, of missteps in this side of the business. in the end, however, the worst ceo easily is groupon's andrew mason. this has been nothing short of a disaster. and from a ceo standpoint i would suspect many would look at him and say a joke, an expensive joke for those who bought in early on the stock, and as i've previously said, this now appears to be a public company in search of a real business or maybe someone to execute
CNBC
Dec 27, 2012 5:00pm EST
is remarkable to me, stephen weiss, is that a lot of analysts are finally getting behind ron johnson and his style, because jcpenney has reverted back to its promotion always, which didn't work in the first place. >> it's mind boggling he still walks around with a halo. why you would ever want to go near this stock, even if they turn it around, it still selling at 20 times fiscal numbers. going to have to raise equity, versus now given what we've seen, the carnage. you have macy's at less than ten times next year and there's no turn around. so, why buy it? i still say sell it. ten bucks written all over it. go somewhere else. >> are you with weiss? >> i'm not in jcpenney at all right now. i'm long macy's. when you look at jcpenney, i want to short the name. so, you saw when it started to rally back about four months ago, it went from 26 to 31 on a rumor. that's short covering there. so, this is a tough name to be short. because there's so much short -- >> i'm no longer short. i covered in the high teens. >> the one thing we didn't mention on yesterday's show was the long, the pending potenti
FOX News
Dec 28, 2012 6:00pm PST
is on the brink republican senators pat toomey and ron johnson. senators, welcome back. >> hi, sean. >> hi, sean. >> sean: let's start with the meeting today. senator toomey, i'm told that the president wassed adamant n the meeting and didn't come off, are the original request was to keep tax rates at the same for the middle class but everybody above $250,000 going up. is that what you heard? >> i haven't heard about specific elements of the conversation, sean, i wasn't in the room. what i do understand from people who were there is that is sounds for the first time like the president is actually engaged and actually would prefer that we not go over the cliff. clear previously.en leer the fact that mitch mcconnell is vouched in discussions is encouraging if something can't pass the senate with a lot of republican votes it is not going to pass the house either. i think for the first time we see some constructive engainlment at least. >> sean: i heard a little different story than senator toomey and that is that a lot of what we are seeing told is really for show and the fielding is that the pres
FOX News
Dec 7, 2012 7:00pm PST
boehner calling the white house fiscal plan a joke. senator ron johnson is on the budget committee. he joins us. good evening, sir. >> greta, how you doing? >> greta: very well, and calling the plan a joke, i guess he is not going to beat around the bush for us. >> unfortunately, greta, president obama pretty well holds all the cards in this negotiation. if he wants to have tax increases or tax rates go up, i don't see how republicans can stop him, you know, because everybody's taxes are going to increase if congress does nothing, and president obama is the only person that can sign a bill into law and quite honestly, senator harry reid is the only person in the senate that can pass a bill in the senate as well. it sounds like people like howard dean want everybody's taxes to go up. maybe we should feel fortunate that president obama only wants the top two% to g two percent t. >> greta: do you anticipate republicans will vote for a rate increase if this should come to a vote? >> i don't believe they'll vote for a rate increase. what we'll vote for hopefully is to extend the current tax
MSNBC
Dec 4, 2012 11:00am PST
and compromise. >> let me play what senator ron johnson said on cnn just this morning regarding the president and what he says the president is not understanding here. let's play it. >> this president just simply doesn't understand that, and so as a result he punishes success. we put at risk the economic growth that we really need to create the jobs, to create the revenue we need. >> you hear some republicans, a senator saying that the president does not somehow get economic growth. a lot of them focusing in on stimulus money the white house wants as a part of this deal. what is your response? you've got polls that indicated the exit polling right after the election that most americans were in support of people who make over $250,000 paying a higher tax. they have confidence in this economy, perhaps the reason that your party saw success in the election. what do you make of this notion that, again, some republicans say the president doesn't get small business or economic growth somehow? >> well, i think the american people roundly rejected that. they think the president gets it. that's why th
MSNBC
Dec 6, 2012 5:00pm PST
like mike lee, ted cruz, marco rubio, ron johnson, pat toomey and rand paul. yeah, rand paul, the man who wants to abolish virtually every government agency and restore the gold standard. with jim demint gone, i guess you could look at rand paul as the de facto leader of the tea party senators. establishment republicans, they ought to be nervous. senator lindsey graham looked like he was in a state of shock on the senate floor today. >> i met with jim demint this morning, and i, to say i was stunned is an understatement. he has always been a friend. somebody i could count on. personally, we've really enjoyed our time together. and i just -- i was stunned this morning. >> the tea party has poisoned, i think, the well of the senate and the republican ideology. the gop is so far out of the mainstream right now you can hardly recognize them from ten years ago. a new quinnipiac poll shows americans support raising taxes on the wealthy 65% to 31%. republicans, i think they're in the wilderness. they face a changing demographical situation in this country they don't know how to deal with. th
CNN
Dec 4, 2012 4:00am PST
to tony blair, we're talking to democratic congressman xavier becerra, republican senator ron johnson from the state of wisconsin, also pat houston, whitney houston's sister-in-law and manager and jeopardy champion ken jennings written a new book. it's tuesday, december 4th, "starting point" begins right now. >>> welcome everybody, you're watching "starting point." we're honored this morning to have the former british prime minister tony blair with us as our guest. he's going to be weighing in as a number of topics. we're going to talk about the fiscal cliff, we're going to talk about the global economy. we're going to talk about the civil war in syria. we'll talk about the royal baby coming soon. first we want to get right to zoraida sambolin for an update on the day's top stories. >> soledad, the fiscal cliff debacle, with 28 days remaining before drastic tax hikes and spending cuts take effect, a republican spending plan has been rejected by the white house. brianna keilar is live from washington. what now, brianna? >> well, right now it's about the pressure building and the clock kicki
CNBC
Dec 11, 2012 4:00am EST
this morning. senator ron johnson will be joining us. and grove er nordquist. he is rite in the center of this base. a lot of people see him as a huge part of the problem. if you want to get something solved ahead of time. but there are others that say this is the right thing to be doing at this point. this is a full day of coverage. senator mark warner will be joining us, as well. a lot of people think if there's a compromise, it would start in the senate. obviously, a lot of questions as to what's happening. ross and kelly, it seems like things have gone a lot quieter than they had been for this week. for those on the inside, for those in the know, for those who have been watching for a long time in washington, they say it's a good thing because it probably indicates that talks are make some progress. you don't want to be talking out in front of the cameras when you may be making progress behind the scenes. at this point, quiet is probably a good thing. that's how we'll be looking at it, at least starting off this morning. >> becky, are you going to have to stay there as long as it t
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